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![ITAT allows Depreciation on Cost of the Assets as Expenditure is allowable [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/ITAT-Depreciation-Expenditure-Income-Tax-Taxscan.jpg "ITAT allows Depreciation on Cost of the Assets as Expenditure is allowable [Read Order]")
ITAT allows Depreciation on Cost of the Assets as Expenditure is allowable [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) allowed the depreciation in respect of cost of the assets as expenditure is allowable. The...